1042 N Market, Inglewood, CA 90302
1042 N Market, Inglewood, CA 90302
1042 N Market, Inglewood, CA 90302

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Additional details
$ 1,320,000
Est. payment | /mo

5,035 Sqft Lot


Save
$ 1,320,000
Est. payment | /mo
Save

5,035 Sqft Lot

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID MB26117076

HOA Y/N No

Year Built 1953

Annual Tax Amount $5,878

Tax Year 2026

Lot Size 5,035 Sqft

Property Sub-Type Multi Family

Property Description

This five-unit investment property offers incredible potential with its prime location and promising rental upside. Featuring 4 -spacious two bedroom / one bathroom units, and 1- one bedroom / one bathroom unit. 4 of the units have their own private garages, and there are 2 courtyard areas that could be used as outdoor space for the tenants. This property is located in a highly desired neighborhood and is conveniently close to major attractions such as he future Clippers Arena, the Kia Forum, LAX, SoFi Stadium, nearby shopping and the breathtaking Beach Cities and 4.5 miles from Los Angeles International Airport (LAX) This property is a gem waiting to be polished, but with the booming demand for housing in the area, renovating and upgrading this property presents an excellent opportunity to increase rental income and maximize returns over time. Don't miss out on this fantastic opportunity to own a multi-unit property in one of North Inglewood's most desirable neighborhoods. Take advantage of the incredible location, proximity to major attractions, and the potential for increased rental income. Great fixer upper opportunity. (The property is located in FEMA flood zoneX, indicating minimal flood risk).

Location

State CA

County Los Angeles

Area 101 - North Inglewood

Interior

Heating Floor Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Laundry Outside

Exterior

Fence Block, Wrought Iron

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

Roof Type Shingle

Present Use Multi-Family

Building

Lot Description 2-5 Units/Acre, Back Yard, Street Level

Story 2

Water Public

Others

Tax ID 4014011023

Security Features Carbon Monoxide Detector(s)

Acceptable Financing Cash, Conventional, FHA 203(k)

Listing Terms Cash, Conventional, FHA 203(k)

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by DOROTHY MACIAS COMMONWEALTH REALTY GROUP 562-418-4062, DRE #02044858

Have Questions

1042 N Market

NEARBY SCHOOL & BUSINESS

Marva Shi Pace

+1(818) 308-4857

hello@marvapace.com

Burbank, CA, United States

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